Equinor

Two Emirati developers are celebrating landmark deals with a commercial and industrial focus as Yellow Door Energy secures $65 million to expand operations into new markets and Adenium – one of Yellow Door’s backers – prepares to operate the region’s first industrial self-consumption and net metering project.

The US$215 million Apodi solar park is located in the city of Quixeré, in the state of Ceará. The project was selected in Brazil’s second auction for renewables, which was held in 2015.

The Norwegian oil producer has already partnered with Scatec on large-scale PV projects in Brazil and Argentina. The transaction cost $82.4 million.

The Guañizuil II A project was selected by Argentina’s government under phase two of the third round (Ronda 2) of the country’s renewable energy program, Renovar.